Peter Schiff : "The Dollar has no floor , so the Gold has no ceiling " , Peter Schiff said , he predicts $5000 an ounce gold in the next decade but it could happen really earlier he said in a recent interview , but the possibility of a 5 digit gold in the order of $10000 is also possible as there is no floor for the dollar to fall into so there is really no ceilling for the Gold to go up to , Gold could go to the infinity measured in dollar terms
Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)
Saturday, July 2, 2011
BOB CHAPMAN ON THE RIOTS IN GREECE 12-15-2010
Bob Chapman is right. It's all up to Greece to overthrow the government there. You would just shake your head if you knew how militarized the US police have become. They are even putting their hands down our pants at this point just to fly on a plane. They have used sound weapons against US citizens. Amazing, huh?
Buy Silver and Buy it now on dips
Buy Silver , Silver is poorman's Gold .gold and silver has been outperforming stocks for a long time now - silver outperforming gold with 350% profit since 2002...Silver to become a rare earth metal , it is Extremely undervalued. Silver to become extinct by year 2020 according to geologists only 300 millions ounces left! Silver is consumable industry metal it is used up : 95% gold ever found is still around 75% of silver is a by-product of mining other metal only 25% is primary product of mining,In 1480 the price of one ounce of Silver was equal to one ounce of Gold, Low supply, high demand Price to skyrocket get your silver and stay long! What really matters about precious metals is that unlike paper money, they retain their purchasing power no matter what the prices may be at any given point in time. Whether $230.00 an once or $2300.00 an once Gold will purchase as much as always and more. Fiat currencies will always purchase less and less until you need a wheel-barrel load just to buy a loaf of bread. Don't believe me? Just check your history books. May God bless us all with wisdom and understanding.another thing, its an industrial metal used in clothes, mobile phones, deodorants, medication etc. It is running out and is in fact currently rarer than gold. The price is suppressed by the FED also, but that won't last forever when demand far outweighs production
In the 80's stock market crash, silver hit $350 an ounce (inflation adjusted).
The "elite" is fooling us to buy stocks that doesn't even outperform inflation, and that only looks good because of inflation. They don't want us to own things that are out of the reach of their dollar - in fact, they've been confiscating it before!
In the 80's stock market crash, silver hit $350 an ounce (inflation adjusted).
The "elite" is fooling us to buy stocks that doesn't even outperform inflation, and that only looks good because of inflation. They don't want us to own things that are out of the reach of their dollar - in fact, they've been confiscating it before!
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